Table 5-2 -Refer to the Table 5-2

question 37

Multiple Choice

Table 5-2
$\begin{array}{|l|r}\hline \text { GDP } & \$ 440 \\\hline \text { Income Earned by Citizens Abroad } & \$ 20 \\\hline \text { Income Foreigners Earned Here } & \$ 50 \\\hline \text { Depreciation } & \$ 16 \\\hline \text { Capital Consumption Allowance } & \$ 16 \\\hline \text { Indirect Business Taxes } & \$ 20 \\\hline \text { Business Subsidies } & \$ 8 \\\hline \text { Statistical Discrepancy } & \$ 0 \\\hline \text { Retained Earnings } & \$ 25 \\\hline \text { Corporate Income Taxes } & \$ 18 \\\hline \text { Social Insurance Contributions } & \$ 35 \\\hline \text { Interest Paid to Households by Government } & \$ 12 \\\hline \text { Transfer Payments to Households from Government } & \$ 22 \\\hline \text { Personal Taxes } & \$ 70 \\\hline \text { Nontax Payments to Government } & \$ 5\end{array}$
-Refer to the Table 5-2.What is the personal income for this economy?

• A)$417
• B)$367
• C)$349
• D)$338

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Definitions:

Probability Of

The likelihood or chance of a specific event occurring within a set of possible outcomes.

Major Loss

A significant financial setback or damage, often used in the context of insurance, investments, or business operations.

Random Variable X

A specific random variable denoted by "X", representing a numerical outcome of a random process.

Managerial Positions

Roles within an organization that are responsible for overseeing, directing, and planning the work of others and making strategic decisions.